Suspected a16z wallets deposit 36M USDC into Hyperliquid, buy 282K HYPE at $81.5 while holding 4.68M tokens worth $381M with $74M unrealized gains.

HYPE jumps after whale shifts 19M USDC into Hyperliquid and buys 110000 tokens at $49.3, now just 15 points from $58.5 ATH.

According to @ai_9684xtpa, wallet 0x519…96a47 deposited 2.64M USDC to Hyperliquid about 5 hours ago, transferred 1.5M USDC to spot, and bought 59,431.49 HYPE at a $25.24 average, lifting holdings to 150,000 HYPE valued at roughly $3.844M with a $25.61 average cost and about $95k unrealized loss (source: @ai_9684xtpa; hyperbot.network/trader/0x519c721De735f7c9E6146d167852E60d60496a47?ic=6792001762). The same address also opened a $7M long position in ZEC on Hyperliquid (source: @ai_9684xtpa; hyperbot.network/trader/0x519c721De735f7c9E6146d167852E60d60496a47?ic=6792001762). For traders, the $25.24–$25.61 band marks this whale’s cost basis and a potential liquidity magnet for HYPE, while the $7M ZEC long adds leverage-driven volatility risk; monitoring Hyperliquid flows and this address’s activity is warranted (analysis based on the disclosed transactions; sources: @ai_9684xtpa; hyperbot.network/trader/0x519c721De735f7c9E6146d167852E60d60496a47?ic=6792001762).

According to @OnchainLens, whale address 0xFB78AA8F38843629e89951D9db6FdC398d75e0A3 closed a 20x BTC long with an approximately $3.77M realized loss, withdrew all funds, then deposited $31.7M USDC to Wintermute and purchased 10,000 ETH; source: @OnchainLens on X 2026-01-08; https://hyperbot.network/trader/0xfb78aa8f38843629e89951d9db6fdc398d75e0a3. According to @OnchainLens, the ETH was later converted to stETH and moved to another wallet holding 40,060 stETH valued at about $126.48M, indicating a rotation from BTC derivatives exposure toward ETH staking exposure via stETH; source: @OnchainLens on X 2026-01-08.

According to @EmberCN, a whale/institution that previously realized $96.67M in profits from ETH swing trades transferred $15.5M USDC to Hyperliquid and opened a 20x BTC long of 980 BTC with a notional of $90.87M at an entry price of $92,885, now showing an unrealized loss of $150K; source: X post https://x.com/EmberCN/status/2008795218972430446 and Hyperdash trader page https://legacy.hyperdash.com/zh-CN/trader/0xfb78aa8f38843629e89951d9db6fdc398d75e0a3. The same entity currently holds 30,000 ETH in spot positions valued at approximately $97.7M; source: X post https://x.com/EmberCN/status/2008795218972430446. Earlier activity cited by @EmberCN shows the entity sold 10,000 ETH at $3,597 on Nov 10 for a $2.93M profit, then repurchased 19,945 ETH around $3,200 via Coinbase, Wintermute, and FalconX for approximately $63.82M; source: X post https://x.com/EmberCN/status/1989497296292384890 and DeBank profile https://debank.com/profile/0xd4584bf988c9e8994688b56484e2f74ceaeefb20.

According to @EmberCN, the 1inch team investment fund withdrew 33,574,000 1INCH (about $6.15 million) from Binance over roughly the past day, based on the on-chain addresses linked in their post at https://twitter.com/EmberCN/status/1992786236394832007 (source: @EmberCN). The same post states the fund transferred 5,000,000 USDC into Binance after the Nov 6 pullback, and 1INCH rose 29% that day (source: @EmberCN). The post further attributes the recent withdrawals to tokens accumulated over the past ~10+ days, referencing the linked addresses in the thread (source: @EmberCN). For traders, the reported net outflow from Binance by a single entity is a notable on-chain signal to monitor for near-term liquidity and order book dynamics in 1INCH; tracking the referenced wallets and any re-deposits may provide timely cues (source: @EmberCN post and linked addresses).